Does anyone know where I can purchase the frozen orange juice report in advance? Integrity still a stranger to the financial world.
If those nasty numbers would have been reported during equity hours markets would have sold off 3% in minutes. Releasing the numbers pre-market gave the market time to digest them. Leaked my arse.
Goldman Sachs trading desks Manager : "Alright boys we are releasing ISM numbers early today, so, everyone turn on your sell bots now.... Ok.. In 5, 4, 3, 2, 1, SELL!" Another opportunity to blame PPT.. lol
Don't say you weren't given the heads up on ET http://www.elitetrader.com/vb/showthread.php?s=&threadid=116769 muppets Reuters reported a staff member had made a "general comment" about the number so feared it was leaked, probably something along the lines of "coming out in the low 40s" to all his mates at the bank. There were loads of rumours of heavily sub 50 number before the early release